[PRNewswire] Hyundai Capital Selects Oracle HCM Cloud Solutions for Global HR
Transformation
- Subsidiary of Hyundai Motor Group Set for Phased Worldwide Deployment
(SEOUL, South Korea, Dec. 18, 2017 PRNewswire=연합뉴스) Oracle today announced Hyundai Capital, a Korea-based global financial company, is moving to one global human resources (HR) system, through its use of Oracle's cloud-based software for HR professionals. The transition, due to be completed in the first half of next year, is part of Hyundai's efforts to bolster its digital capabilities and implement its "Global One Company" Structure.
Hyundai's new global HR system, My HR will include all of its HR functions from global operations to employee education. When completed, My HR will enable Hyundai's employees around the world to update and share HR data in real-time, and manage talent more efficiently. Employees worldwide will also benefit from improved access to training and educational tools, and better onboarding programs. Candidates interested for jobs will experience the same application process, regardless of what country they live in.
My HR is being built using a mix of on- and off-premise cloud-based options available with Oracle HCM Fusion Cloud. It will replace technology that requires Hyundai employees in 10 subsidiary offices around the world to use separate HR systems.
A Hyundai Capital official said, "We are adopting a global HR system to enhance our 'Global One Company' strategy which enables all employees around the world to share Hyundai Capital's HR philosophy and to work using a single system. Our transformation will ultimately improve employee experience, globally.
"Given the strict regulatory landscape of the financial industry, it was also a big challenge to integrate and compile information under different countries' regulations and requirements into one unified solution. Using both on- and off-premise and cloud-based deployment options, Oracle's HCM Cloud is enabling us to interconnect all of our HR employees worldwide and to unite them under the same values and vision."
Sang-Hoon Lee, Sales Senior Director of Oracle Korea, said, "Our customers in Korea are telling us effective talent management is critical to their success in the 4th Industrial Revolution and they are asking for cloud solutions that can be deployed at home and around the world. Hyundai Capital, however, is an innovator in this space and is ahead of the curve with its adoption of a global, cloud-based HR system. We expect others will follow their lead."
Oracle's Fusion HCM Cloud supports a large-scale reporting and security requirements for customers' global HR management. Its core functions include global HR; salary; compensation and benefits; goal and performance management; talent assessment and succession; and recruiting and onboarding. Major global corporations such as Ford Motors, AXA Financial Group, BT, and Tesco utilize Oracle's HCM Cloud.
About Oracle
The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at oracle.com.
Trademarks
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.
Logo - https://mma.prnewswire.com/media/467598/Oracle_Logo.jpg
Source: Oracle
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Transformation
- Subsidiary of Hyundai Motor Group Set for Phased Worldwide Deployment
(SEOUL, South Korea, Dec. 18, 2017 PRNewswire=연합뉴스) Oracle today announced Hyundai Capital, a Korea-based global financial company, is moving to one global human resources (HR) system, through its use of Oracle's cloud-based software for HR professionals. The transition, due to be completed in the first half of next year, is part of Hyundai's efforts to bolster its digital capabilities and implement its "Global One Company" Structure.
Hyundai's new global HR system, My HR will include all of its HR functions from global operations to employee education. When completed, My HR will enable Hyundai's employees around the world to update and share HR data in real-time, and manage talent more efficiently. Employees worldwide will also benefit from improved access to training and educational tools, and better onboarding programs. Candidates interested for jobs will experience the same application process, regardless of what country they live in.
My HR is being built using a mix of on- and off-premise cloud-based options available with Oracle HCM Fusion Cloud. It will replace technology that requires Hyundai employees in 10 subsidiary offices around the world to use separate HR systems.
A Hyundai Capital official said, "We are adopting a global HR system to enhance our 'Global One Company' strategy which enables all employees around the world to share Hyundai Capital's HR philosophy and to work using a single system. Our transformation will ultimately improve employee experience, globally.
"Given the strict regulatory landscape of the financial industry, it was also a big challenge to integrate and compile information under different countries' regulations and requirements into one unified solution. Using both on- and off-premise and cloud-based deployment options, Oracle's HCM Cloud is enabling us to interconnect all of our HR employees worldwide and to unite them under the same values and vision."
Sang-Hoon Lee, Sales Senior Director of Oracle Korea, said, "Our customers in Korea are telling us effective talent management is critical to their success in the 4th Industrial Revolution and they are asking for cloud solutions that can be deployed at home and around the world. Hyundai Capital, however, is an innovator in this space and is ahead of the curve with its adoption of a global, cloud-based HR system. We expect others will follow their lead."
Oracle's Fusion HCM Cloud supports a large-scale reporting and security requirements for customers' global HR management. Its core functions include global HR; salary; compensation and benefits; goal and performance management; talent assessment and succession; and recruiting and onboarding. Major global corporations such as Ford Motors, AXA Financial Group, BT, and Tesco utilize Oracle's HCM Cloud.
About Oracle
The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at oracle.com.
Trademarks
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.
Logo - https://mma.prnewswire.com/media/467598/Oracle_Logo.jpg
Source: Oracle
[편집자 주] 본고는 자료 제공사에서 제공한 것으로, 연합뉴스는 내용에 대해 어떠한 편집도 하지 않았음을 밝혀 드립니다.
(끝)
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